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I like that you count their power in souls, a little like landowners in feudal Russia trading in dead souls. Back to the point, I think the purchasing power of
by grey-area 8y ago
I like that you count their power in souls, a little like landowners in feudal Russia trading in dead souls.
Back to the point, I think the purchasing power of a state entity combined with its control over the market is a powerful combination, but also the dysfunctional US market seems to reward healthcare insurers for paying more - they don't care after all if they get ever more money from the poor suckers who have to pay for insurance, they can take a larger cut of a larger pie.
I'm not saying insurance markets can't work (someone cited Switzerland above), just that the current US insurance market is out of control and needs solutions (like Obama's solution which has now been wrecked, or single payer which works well elsewhere). What the US has currently doesn't work, fails to serve much of the population, and even then is much more expensive than equivalent services elsewhere.
- refurb 8y ago"Lives" is the term used in the industry. The real answer as to why Canada gets lower prices is gov't fiat - they just say "this is what we will pay you, take it or leave it".
- grey-area 8y agoSo the purchasing power of a state entity - exactly the solution I proposed for the US. The state has subtle levers of control over all the participants in this industry, which other players (no matter how large) simply don't have. This is not an objection to using single-payer in the US, quite the contrary.
- refurb 8y agoNo, it’s the ability of the govt to go beyond purchasing power to “I just changed a law that defines how much we pay you for your other drugs, tough”.